Turkish firm to develop power plant in Iran for US$3bn

Sunday, 28 August 2016 07:57

The power plants will be built in the cities of Ahvaz, Dehloran, Zahedan, Saveh, Sufian and Bonab. (Image source: Michael Coghlan/Flickr)Turkey’s Unit International plans to invest US$3bn on the construction of a 5,000 MW power plant in Iran, according to a report

Earlier in June, the Turkish energy company had signed a preliminary deal with Iran’s energy minister to build seven natural gas combined cycle power plants in Iran.

Construction of the plants will begin in Q1 2017 and the plants are expected to meet 10 per cent of Iran’s energy needs.